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| Fake currency racket busted | | | Early Times Report
Srinagar, Jan 22 : Jammu and Kashmir police today claimed to have busted a fake currency racket with the arrest of nine persons in Baramulla district of North Kashmir.
The racket came to light when police, on a tip-off, apprehended one Showkat Ahmad Malik from Katapora village of Tangmarg and recovered counterfeit Indian currency notes of 500 denomination to the tune of Rs 4000 from him, the spokesman said.
He said questioning of Malik, a resident of Qazipora village, led to the arrest of eight more persons involved in the racket.
Counterfeit currency notes of Rs 500 denomination to the tune of Rs 47,000 were recovered from them, the spokesman said.
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